PayPal comment on new income reporting law

I noticed that there is a discrepancy between what I got off the news-wire and this statement. The difference? Originally it was $10,000 and/or 200 transactions. PayPal sees it at $20,000 and/or 200 transactions.

Hopefully it will become a little more consistent by the time the law is enforced.

Steve Mills and his wife have one daughter. They previously owned two coffee/ice cream shops, currently operate an internet sales company and teach classes, but his primary job involves the paper industry worldwide. Hobbies and interests lie in gardening, photography, recorded music and of course, their pets.